In brief With a potential WeWork restructuring on the horizon, this article explores some unique issues landlords may face under their WeWork leases, with a focus on how courts around the world might address them. Key takeaways Landlords have built spaces that specifically cater to WeWork’s focus on co-working arrangements. As WeWork attempts to shed leases in a restructuring, landlords may be left with specially built spaces that are difficult to re-let. This may be…
This material was first published by Thomson Reuters, trading as Sweet & Maxwell, 5 Canada Square, Canary Wharf, London, E14 5AQ, in the Journal of International Banking Law & Regulation as ‘Legal Analyses: Ipso Facto Clauses and their Position in Financing Documents in Singapore’ JIBLR 2021, 36(11), 485-486 and is reproduced by agreement with the publishers. Abstract This legal analysis examines developing market practice in the Singapore legal market on the contractual treatment of the…